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RE: Upvote Bot - Minimum 10% ROI for a Limited Time!

in #steemit • 6 years ago

It doesn't matter how they split it, or what currency they're paying you in, the value remains the same. This is because they're now printing more Steem to balance the debt ratio. But it doesn't impact your rewards. That's what I've been trying to tell you.

6 years ago in #steemit by
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     6 years ago 
    $0.11
    • Past Payouts $0.11, 0.00 TRX
    • - Author $0.09, 0.00 TRX
    • - Curators $0.03, 0.00 TRX
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     6 years ago 

    This is my bases for calculation, when system starts printing more steem, part of sbd will be paid in steem but after converting to steem. That's ($/steem price) whereas i was getting sbd like it was 1 dollar

    Now there are 3 components:

    3 Dollar reward will be split like
    1 SBD
    (1 / Steem Price) STEEM
    (1 / Steem Price) SP

    What you are saying is that I will still get (1 / steem price)* sbd price .
    That is the only way split won't affect price.

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       6 years ago 

      Okay, I think I see what you're saying, and I'm doing some more digging now to get to the answer. According to this article he says...

      How much liquid Steem you get depends on how much of Steem's market-cap % the SBD count is at. If we reach 3.5%, which is the middle point between 2% and 5%, 50% of the rewards you'd normally get as SBD would come as LS (liquid Steem). How much LS? The same logic as applies to your SP rewards: Suppose you were to get $100 USD worth of SBD, which at current SBD/Steem prices ($1.7 USD for each, about) would've amounted to, well, 100 SBD, worth $170 USD? You'd instead receive 50 SBD (worth $85) and $50 USD worth of LS (50/1.7 = 29.4), worth $50. For a total of $135 worth of currency. A loss to anyone who receives author rewards on the platform.

      And he goes on to say that this is because the reward count under posts was never designed for this unfortunately. So you bring up a good point. And unfortunately this is probably the reason why many people go on hiatus when the price drops. Knowing this, I'm actually even more happy that I increased the negative ROI so that people can still promote their posts with a similar ROI as before.

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         6 years ago 

        I have verified my calculation for the last payment from the post and I am sure I am right. Don't get me wrong, not trying to prove anything here, i usually don't discuss this stuff with anyone, but i learned these calculation from your videos and you are open to discussion.

        post payout 11.99
        payout in sp = 5.995/1.78
        payment is steem = 2.081/1.78
        payment in sbd = 3.914

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